Financial Services
Credit Suisse deal averted crisis, Swiss central bank says
The Swiss central bank has hiked its key interest rate and insisted that a government-orchestrated takeover of troubled Credit Suisse by rival bank UBS ended the financial turmoil
UK central bank hikes rates like Fed amid financial turmoil
The Bank of England has extended its battle against inflation, announcing an 11th consecutive interest rate increase despite concerns about the economic fallout from troubles in the global financial system
Asian shares mixed after Fed hints rate hikes may end soon
Asian shares are mixed after the Federal Reserve raised a key interest rate, while noting the end may be near for its economy-crunching rate hikes
Wall Street points higher on modest Fed hike and sentiment
U.S. futures are up modestly a day after the Federal Reserve raised its key interest rate while hinting that the end may be near for its economy-chilling policies
Stocks open higher as some calm returns to Wall Street
Stocks are opening higher as some stability returns to Wall Street following a couple days and weeks of sharp swings
Americans' faith in banks low after failures: AP-NORC poll
Only 10% of U.S. adults say they have significant confidence in the nation’s banks and financial institutions, a new poll finds
UK inflation jumps to 10.4%, surprising analysts
Britain’s inflation rate has risen for the first time in four months in February
Protests in Lebanon as pound hits new low against dollar
Protesters have closed down major roads in parts of Lebanon after the Lebanese pound briefly hit a new low amid a historic economic crisis that seemingly has no end in sight
Asian stocks rise ahead of Fed's next interest rate decision
World stock markets are higher ahead of a Federal Reserve decision on another possible interest rate hike amid worries about global banks
Stocks rise on Wall Street, even the most beaten-down banks
Stocks are rising on Wall Street, including the banks most beaten down by the industry's crisis